Federal Register / Vol. 76, No. 77 / Thursday, April 21, 2011 / Notices 22451 

Paperwork Reduction Act of 1995, the 

Agencies may not conduct or sponsor, 

and the respondent is not required to 

respond to, an information collection 

unless it displays a currently valid OMB 

control number. The Agencies are 

requesting comment on a continuing 

information collection. 

Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the Agencies’ functions, 

including whether the information has 

practical utility; 

(b) The accuracy of the estimates of 

the burden of the information 

collection, including the validity of the 

methodology and assumptions used; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

the information collection on 

respondents, including through the use 

of automated collection techniques or 

other forms of information technology; 

and 

(e) Estimates of capital or start up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Title of Information Collection: Basel 

II Interagency Supervisory Guidance for 

the Supervisory Review Process (Pillar 

2). 

OMB Control Numbers: 

OCC: 1557–0242. 

FRB: 7100–0320. 

FDIC: 3064–0165. 

OTS: 1550–0125. 

Frequency of Response: Eventgenerated. 

Affected Public: 

OCC: National banks. 

Board: State member banks and bank 

holding companies. 

FDIC: Insured State nonmember banks 

and certain subsidiaries of these 

entities. 

OTS: Savings associations and certain of 

their subsidiaries. 

Abstract: The agencies issued a 

supervisory guidance document for 

implementing the supervisory review 

process (Pillar 2). The guidance was 

issued on July 31, 2008 (73 FR 44620). 

Sections 37, 41, 43, and 46 of the 

guidance impose information collection 

requirements. Section 37 states that 

banks should state clearly the definition 

of capital used in any aspect of its 

internal capital adequacy assessment 

process (ICAAP) and document any 

changes in the internal definition of 

capital. Section 41 requires banks to 

maintain thorough documentation of 

ICAAP. Section 43 specifies that boards 

of directors must approve the bank’s 

ICAAP, review it on a regular basis, and 

approve any changes. Boards of 

directors also are required under section 

46 to periodically review the assessment 

of overall capital adequacy and to 

analyze how measures of internal 

capital adequacy compare with other 

capital measures (such as regulatory or 

accounting). 

The agencies’ burden estimates for 

these information collection 

requirements are summarized below. 

Note that the estimated number of 

respondents listed below include both 

institutions for which the Basel II riskbased capital requirements are 

mandatory and institutions that may be 

considering opting-in to Basel II (despite 

the lack of any formal commitment by 

most of these latter institutions). 

Estimated Burden 

OCC 

Number of Respondents: 48. 

Estimated Burden per Respondent: 

140 hours. 

Total Estimated Annual Burden: 

6,720 hours. 

Board 

Number of Respondents: 18. 

Estimated Burden per Respondent: 

420 hours. 

Total Estimated Annual Burden: 

7,560 hours. 

FDIC 

Number of Respondents: 19. 

Estimated Burden per Respondent: 

420 hours. 

Total Estimated Annual Burden: 

7,980 hours. 

OTS 

Number of Respondents: 3. 

Estimated Burden per Respondent: 

420 hours. 

Total Estimated Annual Burden: 

1,260 hours. 

Dated: April 12, 2011. 

Michele Meyer, 

Assistant Director, Legislative & Regulatory 

Activities Division, Office of the Comptroller 

of the Currency. 

By order of the Board of Governors of the 

Federal Reserve System, April 8, 2011. 

Jennifer J. Johnson, 

Secretary of the Board. 

Dated at Washington, DC, the 11th day of 

April, 2011. 

By order of the Federal Deposit Insurance 

Corporation. 

Robert E. Feldman, 

Executive Secretary. 

Dated: April 14, 2011. 

By the Office of Thrift Supervision. 

Ira Mills, 

Paperwork Clearance Officer, Office of the 

Chief Counsel, Office of Thrift Supervision. 

[FR Doc. 2011–9634 Filed 4–20–11; 8:45 am] 

BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P; 

6720–01–P 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Surety Companies Acceptable on 

Federal Bonds—Change in Business 

Address; American Economy 

Insurance Company, American States 

Insurance Company, SAFECO 

Insurance Company of Illinois 

AGENCY: Financial Management Service, 

Fiscal Service, Department of the 

Treasury. 

ACTION: Notice. 

SUMMARY: This is Supplement No. 8 to 

the Treasury Department Circular 570, 

2010 Revision, published July 1, 2010, 

at 75 FR 38192. 

FOR FURTHER INFORMATION CONTACT: 

Surety Bond Branch at (202) 874–6850. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given by the Treasury that the 

above-named companies formally 

changed their ‘‘Business Address’’ as 

follows: 

American Economy Insurance 

Company (NAIC #19690). Business 

Address: 350 E. 96th Street, 

Indianapolis, IN 46240. 

American States Insurance Company 

(NAIC #19704). Business Address: 350 

E. 96th Street, Indianapolis, IN 46240. 

SAFECO Insurance Company of 

Illinois (NAIC #39012). Business 

Address: 27201 Bella Vista Parkway, 

Suite 130, Warrenville, IL 60555. 

Federal bond-approving officers 

should annotate their reference copies 

of the Treasury Circular 570 (‘‘Circular’’), 

2010 Revision, to reflect these changes. 

The Circular may be viewed and 

downloaded through the Internet at 

http://www.fms.treas.gov/c570. 

Questions concerning this Notice may 

be directed to the U.S. Department of 

the Treasury, Financial Management 

Service, Financial Accounting and 

Services Division, Surety Bond Branch, 

3700 East-West Highway, Room 6F01, 

Hyattsville, MD 20782. 

Dated: March 11, 2011. 

Laura Carrico, 

Director, Financial Accounting and Services 

Division. 

[FR Doc. 2011–9636 Filed 4–20–11; 8:45 am] 

BILLING CODE 4810–35–M 


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